110
110
Dec 10, 2012
12/12
by
KCSMMHZ
tv
eye 110
favorite 0
quote 0
. >> and will he or won't he -- mario monti's back and forth on resignation casts uncertainty over italy's economic and political future. >> we begin the show with what has been a day of celebration for the european union. >> the three senior figures representing the eu have been in the norwegian capital, oslo, to collect the nobel peace prize. it was awarded to the 27-member bloc for six decades of promoting peace, democracy, and human rights. >> however, not everyone is happy. some have asked whether the price is justified at that time when the eu is mired in economic and financial -- the prize is justified at that time when the eu is mired in economic and financial crisis. desmond tutu says it is an organization based on military force. >> coveted award was accepted with pride by the eu's 3 president, martin schulz, herman van rompuy, and jose manuel barroso. the standing ovation they received was a rare accolade for the eu in these tough economic times. >> in light of the financial crisis that is affecting so many innocent people, we can see that the political framework in which the un
. >> and will he or won't he -- mario monti's back and forth on resignation casts uncertainty over italy's economic and political future. >> we begin the show with what has been a day of celebration for the european union. >> the three senior figures representing the eu have been in the norwegian capital, oslo, to collect the nobel peace prize. it was awarded to the 27-member bloc for six decades of promoting peace, democracy, and human rights. >> however, not everyone...
305
305
Dec 11, 2012
12/12
by
CNBC
tv
eye 305
favorite 0
quote 0
monti and mr. berlusconi, you can't really say that mr. monti's performance is astonishing. we've had two crises during his office. of course, we cannot -- you cannot justify blame him. it's the legacy of the past when we had a crisis during the berlusconi government. having said that, i think the big sentiment here is that mr. monti had a widespread european recognition amongst leaders who arrest mr. monti in the late stage of his government did find some sort of -- i would say pressure from him, european leaders, to step down. >> we're starting to see a bid of would ittening. besides the debt market and the shares held outside the one, increasing corners are concerned. >> the statistics, i should point out that the ratio of holders of italian government debt has increased over the past 12 months. we are not where we were two years ago, not only in spain, but in italy. one of the few countries in the eurozone where the share of international investors, but i think if we were to talk about the flows, we should be looking more at france than spain. >> france has canceled its
monti and mr. berlusconi, you can't really say that mr. monti's performance is astonishing. we've had two crises during his office. of course, we cannot -- you cannot justify blame him. it's the legacy of the past when we had a crisis during the berlusconi government. having said that, i think the big sentiment here is that mr. monti had a widespread european recognition amongst leaders who arrest mr. monti in the late stage of his government did find some sort of -- i would say pressure from...
229
229
Dec 10, 2012
12/12
by
CNBC
tv
eye 229
favorite 0
quote 0
monti's role be? stay with us. we're back in two. >>> we are live in rome all day where the italians are grappling with the aftermath of mario monti's resignation over the weekend, which was a big surprise to everyone. this came earlier than expected. at the same time, former prime minister berlusconi said he is trying to stage a comeback. is this likely, though? well, if you look at the most recent opinion polls, it shows berlusconi's party is trailing by up to 16 percentage points. it will be difficult for him to close that gap over the next two months. so the most likely outcome at this point is that the democratic party, which is pro austerity will win these elections and its leader, he has already promised to the world that, yes, i am going to continue to implement those austerity measures and i will honor the eu's commitment to balance the budget by 2013. the other big question is, what will happen to technocrat prime minister mario monti? right now, he's very vague about what role he will take in the new gov
monti's role be? stay with us. we're back in two. >>> we are live in rome all day where the italians are grappling with the aftermath of mario monti's resignation over the weekend, which was a big surprise to everyone. this came earlier than expected. at the same time, former prime minister berlusconi said he is trying to stage a comeback. is this likely, though? well, if you look at the most recent opinion polls, it shows berlusconi's party is trailing by up to 16 percentage points....
253
253
Dec 13, 2012
12/12
by
CNBC
tv
eye 253
favorite 0
quote 0
he's saying monti, that is mario monti, could give us a hand with markets that first moves in any government would regard civic issues that beryl scone neeps ae goal is to distract the public, that italy needs even more reforms than monti's. he the italy anticipate left party and is trying to cast his policy very much with outgoing mario monti is doing calling berlusconi a distraction. and monti suggesting that he is right. >>> now, reynolds shares get a jump start as the carmaker gets a boost from volvo. find out more about that when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> as you can see, there's shares of renault are moving higher after the french carmaker said it's raising around 1.5 billion euros to the through the sale of its 6.5% stake in sweden's volvo. stephane pedrazzi is following the latest fo
he's saying monti, that is mario monti, could give us a hand with markets that first moves in any government would regard civic issues that beryl scone neeps ae goal is to distract the public, that italy needs even more reforms than monti's. he the italy anticipate left party and is trying to cast his policy very much with outgoing mario monti is doing calling berlusconi a distraction. and monti suggesting that he is right. >>> now, reynolds shares get a jump start as the carmaker gets...
136
136
Dec 22, 2012
12/12
by
KCSM
tv
eye 136
favorite 0
quote 0
mario monti has promised to hand in his resignation -- or had promised to hand in his resignation as soon as parliament passed a 2013 budget, which he led his -- kept his promise. he led a government of technocrats for the past year. europeans had held his economic reforms, but voters have been less impressed with his austerity measures. for more on this now, we are joined now on the phone by our correspondent. what now? >> the president will be consulting with the leaders of political parties over the next day or so. to get their advice as we head towards elections, and he is expected then to dissolve parliament and call elections february 24. that is the date people believe most likely will be the date of the vote. >> what is the move of italians right now? would berlusconi actually have any chance with voters? >> the extraordinary thing is that despite his being really comprehensively discredited in the eyes of the rest of the world, a lot of italians seem prepared to fall for his charm and his promises, and he is actually on a media blitz at the moment, taking advantage of the fa
mario monti has promised to hand in his resignation -- or had promised to hand in his resignation as soon as parliament passed a 2013 budget, which he led his -- kept his promise. he led a government of technocrats for the past year. europeans had held his economic reforms, but voters have been less impressed with his austerity measures. for more on this now, we are joined now on the phone by our correspondent. what now? >> the president will be consulting with the leaders of political...
191
191
Dec 14, 2012
12/12
by
CNBC
tv
eye 191
favorite 0
quote 0
a lot of expressions of support for a monti candidacy here. what does this imply? what are people making of this? >> it's one of these things. in all honesty, we thought that the era of berlusconi had been done and dusted and we had opened a new page. but, okay, sometimes there are some comeback kids and berlusconi could be one of them. he did say that if monti would stand, he would resolve his claim to anything, but he wanted to prevent a shift to the left in italy. that's something angela merkel could support. although she might have to face her own transition to the left as we face elections in september. it's hoped mario monti would stand again and would stay in place because clearly that was the sort of work in progress that worked well. down with the euro and italy has to walk its own way. that is not something that we would like to hear in the eu eurozone or in berlin. >> silvia, thank you so much for your time. >>> now, a weak ahead of the person of the year, the winner, north korean leader kim jong un. the magazine didn't admit that various online campaign
a lot of expressions of support for a monti candidacy here. what does this imply? what are people making of this? >> it's one of these things. in all honesty, we thought that the era of berlusconi had been done and dusted and we had opened a new page. but, okay, sometimes there are some comeback kids and berlusconi could be one of them. he did say that if monti would stand, he would resolve his claim to anything, but he wanted to prevent a shift to the left in italy. that's something...
193
193
Dec 18, 2012
12/12
by
CNBC
tv
eye 193
favorite 0
quote 0
despite the fact that we had a bit of concern increasing after the stepdown of monti in italy. but you have seen that it has proved to be an entry point for people still buying periphery paper. what we're seeing now is institutional investors from other parts of europe are bringing back some of the money to these markets. there is now flows again from italy into spain. we're seeing in portugal yields are falling further. all in all, this is sending a general message that the risk premium are coming down and continue to be gradually reduced. >> and how much more momentum is there? we've been waiting for the forced hand on spain. but frankly, there's little sign of pressure right now. >> i fully agree. as long as this continues, the probability of spain moving into such a program is coming down. obviously, the big question out there is whether we will see this translate into some sort of better market position. but for a second leg down in substantial lower yields, you would want to see improving economic conditions in these countries and improving deficites and stabilization in
despite the fact that we had a bit of concern increasing after the stepdown of monti in italy. but you have seen that it has proved to be an entry point for people still buying periphery paper. what we're seeing now is institutional investors from other parts of europe are bringing back some of the money to these markets. there is now flows again from italy into spain. we're seeing in portugal yields are falling further. all in all, this is sending a general message that the risk premium are...
203
203
Dec 10, 2012
12/12
by
CNNW
tv
eye 203
favorite 0
quote 0
they're down after super mario monti announced an early resignation as italian prime minister. >>> the fiscal cliff for payroll processors is not 22 days away. it's 4 days away, december 14th to be exact. millions of small businesses do their own payroll, and they're preparing now for the paychecks for the first week of january. right now they have no idea how much to hold back for social security taxes and the expiring bush tax cuts. the american payroll association urging congress to make a deal on the cliff saying, quote, a delay in legislation beyond december 14th doesn't give all businesses enough time to update and test their payroll systems for early january paychecks. >>> and in today's smart is the new rich, should you pay tuition based on which major you choose? the governor of florida rick scott considering it. a task force appointed by governor scott wants students to per sue so called s.t.e.m. majors against less in demand majors like history, philosophy, or english. the idea is to steer students to where there's the most need. liberal arts professionors claimed that could
they're down after super mario monti announced an early resignation as italian prime minister. >>> the fiscal cliff for payroll processors is not 22 days away. it's 4 days away, december 14th to be exact. millions of small businesses do their own payroll, and they're preparing now for the paychecks for the first week of january. right now they have no idea how much to hold back for social security taxes and the expiring bush tax cuts. the american payroll association urging congress to...